$4,995,000

About this home

Rare opportunity to acquire a fully leased well-located 20-townhome complex investment property in the rapidly growing Leland submarket, just minutes from Wilmington. This asset offers stable in-place income with significant upside potential in one of the fastest-growing coastal regions in the Southeast. The property consists of twenty 3 bedroom, 2 full bath individually parceled residential units with strong occupancy history and consistent rental demand driven by population growth, employment expansion, and continued migration to the coastal Carolina region. Leland has experienced substantial residential and commercial growth in recent years due to its proximity to Wilmington, access to major transportation corridors including US-17 and I-140, and its appeal as a more affordable alternative to nearby coastal markets. Brunswick County continues to see above-average population growth, supporting strong fundamentals for multifamily housing. The offering presents an attractive opportunity for private investors, owner-operators, and 1031 exchange buyers. With replacement costs continuing to rise and limited new supply in the immediate submarket, existing multifamily assets such as this property remain highly desirable among investors seeking long-term holds in high-growth coastal markets.

Property details

MLS

Hive MLS

MLS #

100562810

Property type

Multi Family

Subdivision

Woodburn Townhomes

Status

Active

Days on market

205

On market date

March 26, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

45

Lot size

1.96 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.